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  • $1,375,000

    2848 Del Paso Blvd, Sacramento, CA 95815

    12beds
    5,258sqft
    5 or More Units
    Built in 1971
    -- sqft lot
    $1,366,200 Zestimate®
    $262/sqft
    $-- HOA

    What's special

    ***PRICE REDUCED & Owner will include the adjacent vacant lot next door at 2856 Del Paso Blvd which is .12 Acres zoned RMX. This property is Currently grossing $11,700/month!***This 11-Unit apartment building is the best deal on the market currently at a 6.3% CAP rate and only $125K/unit The building has also been remodeled completely on the the exterior and All electrical panels were just replaced. In 2023, the property underwent a transformative exterior upgrade, enhancing its aesthetic appeal. The improvements included a fresh coat of paint applied to the upstairs flooring and the exterior of the complex. In addition, cedar wood was added to the front of the building giving it a modern and stylish touch. In 2020, a new 100-gallon water heater tank was installed to serve the entire complex. Any dry rot throughout the complex was diligently addressed to ensure the property's durability and turn-key appeal. The unit mix consists of two studios, eight 1-bedroom/1-bathroom, and one 2-bedroom/1-bathroom units. Recent improvements include upgraded kitchen countertops, painted kitchen cabinets, upgraded bathroom cabinets, new ceiling fans, and recessed ceiling lighting. All 11-units have brand-new AC wall units.

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2024 at 06:39am

    Listed by:

    Matthew Sarro DRE #01942991 916-616-5267,

    Collier's International CA, In

    Bought with:

    Frank Thornton, DRE #01250086

    Arriaga Real Estate

    Source: MetroList Services of CA,MLS#: 223107903MLS LogoOriginating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 9
    • Full bathrooms: 9
    Heating
    • Wall Furnace, Individual
    Cooling
    • Ceiling Fan(s), Wall Unit(s)
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 5,258
    • Total interior livable area: 5,258 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Off Street
    Features
    • Stories: 2
    Lot
    • Size: 10,019 sqft
    Details
    • Zoning: RMX
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Stucco, Wood, Wood Siding, Other
    Condition
    • Year built: 1971

    Community & neighborhood

    Location
    • Region: Sacramento

    HOA & financial

    HOA
    • Has HOA: No
    Services availability
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    Estimated market value

    $1,366,200